Spanish developer Grenergy has launched a €90 million (US$94.8 million) accelerated capital increase to fuel growth in Europe and develop its energy storage capacity.
Erik Martinson, CEO at residential solar challenger Svea Solar, speaks to PV Tech Premium about how Europe’s energy crises and sustainability trends are lifting the home solar and energy storage markets.
Europe’s solar technology specialists may need up to €7 billion (US$8.51 billion) in capital investment in order to scale up domestic manufacturing to be globally competitive, according to a panel of industry leaders.
Renewable energy group BayWa r.e. has opened what it claims is its largest PV warehouse in Europe yet in a bid to expand its distribution network in the continent.
As the solar industry has matured and sustainable investment has moved up on the global market’s list of priorities, power purchase agreements (PPAs) have become a mutually beneficial arrangement between developers and the corporate world. But SMEs have remained difficult to cater for in comparison to larger, more bankable offtakers or utilities with permanent facilities. Edith Hancock explores how this might be changing.
Hamburg-based solar operator Blue Elephant Energy has entered the Greek market for the first time by acquiring two solar parks totalling 45MWp capacity from developer ABO Wind AG.